European stocks settled higher on Tuesday with most of the market sectors showing a strong positive performance. The pan-European Stoxx 600 index and FTSE100 both closed higher by 1.7% each. Meanwhile, CAC40 and DAX gained 2.4% and 2.04%, respectively. It is worth noting that markets are anticipating the approval for …
Read More »European Stocks Settle Higher on Monday
European stocks closed higher on Monday, despite concerns about the COVID-19 pandemic and tensions between the U.S. and China. The STOXX Europe 600 index closed higher by around 0.2%, shedding some of its gains earlier in the session. In London, the FTSE100 index added 0.31%, while the French CAC40 closed …
Read More »European Stocks Register 2% Weekly Rise
European stocks closed higher on Friday, supported by recently released positive economic data and financial results. The STOXX Europe 600 index settled higher by 0.7%, up by 2% for the week. Meanwhile, DAX gained 0.66%, while FTSE100 and CAC40 added 0.09% each.
Read More »European Stocks Close Lower
European stocks closed lower on Thursday as uncertainties persist regarding economic recovery in the continent after the Bank of England (BoE) monetary policy committee’s statement noted that “although recent developments suggest a less weak starting point for the Committee’s latest projections, it is unclear how informative they are about how …
Read More »European Stocks Rise Collectively
European stocks closed higher on Wednesday, supported by a number of positive financial results by listed companied, despite mixed economic indicators as shown by PMI data. The Stoxx Europe 600 index added 0.43% and closed at 364.95 points. FTSE100 surged by 1.14% while CAC40 increased by 0.90% and DAX gained …
Read More »European Stocks Close Lower
European stocks settled lower on Tuesday, as the STOXX Europe 600 index declined by 0.17% to 363.03. DAX declined by 0.36% and IBEX35 dropped by 0.67%, as the shares of Bayer fell by 2.4%. Meanwhile, FTSE100 closed higher by 0.05%, as BP gained 6.5% after disclosing its financial results for …
Read More »European Stocks Mixed at Wednesday’s Close
European stocks continued to show mixed performance on Wednesday, as markets anticipate the statement of the US Federal Reserve. The pan-continental STOXX Europe 600 Index rose marginally by 0.022% to 367.76. Similarly, FTSE100 added 0.036%, while CAC40 closed higher by 0.60%. Meanwhile, DAX plunged by 0.10% and IBEX35 fell by …
Read More »European Stocks Settle Higher
European stocks returned to gains and closed higher on Tuesday, supported by increased demand from investors. The STOXX Europe 600 index rose by 0.47% and closed at 367.87. Meanwhile, FTSE100 settled higher by 0.40%, while CAC40 declined by 0.22%. DAX and FTSE MIB closed lower by 0.026% and 0.6%, while …
Read More »European Stocks Close Lower
European stocks settled lower on Monday, on the back of rising tensions between the US and China, as well as concerns regarding the COVID-19 pandemic, after the UK imposed a two-week quarantine on people returning from Spain, after an increase in the number of cases there. The Stoxx Europe 600 …
Read More »European Stocks Down 1.5% for the Week
European stocks closed lower on Friday on the back of rising tensions between the United States and China. Beijing has retaliated against a move by the US to close the Chinese consulate in Houston, Texas, and revoked the license of the US consulate in Chengdu. In addition, tech sector stocks …
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